No. As of September 2026, Despegar.com Corp (DESP) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Despegar.com Corp does not pass Musaffa's business and financial screening criteria.
Despegar.com Corp. is an online travel company, which engages in providing online travel agency services. The company is headquartered in Buenos Aires, Buenos Aires and currently employs 4,593 full-time employees. The company went IPO on 2019-03-07. The company provides a broad suite of travel products, including airline tickets, travel packages, hotel bookings and other travel products. The company organizes its business into two segments: Air, which consists of the sale of airline tickets, and Packages, Hotels and Other Travel Products, which consists of travel packages, as well as stand-alone sales of hotel rooms, car rentals, bus tickets, cruise tickets, travel insurance and destination services. The Company’s one-stop marketplace enables millions of users to find, compare, plan and easily purchase travel services and products through its websites and mobile apps. The firm owns and operates two brands: Despegar, its global brand and Decolar, its Brazilian brand. The company operates in Latin America across 20 countries.
Despegar.com Corp DESP
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DESP Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Despegar.com Corp is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
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Financial Metrics & Statements of Despegar.com Corp (DESP)
FAQ's for Despegar.com Corp (DESP)
As of September 2026, Despegar.com Corp DESP is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Despegar.com Corp using these criteria to determine its compliance status.
Muslim investors may consider investing in Despegar.com Corp if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Despegar.com Corp by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Despegar.com Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of Despegar.com Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.